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Bell Ringer Define and give an example of a natural resource, human resource, and capital resources. Pages 4-5
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Copy the chart and provide three examples of these resources
Bell Ringer Copy the chart and provide three examples of these resources NATURAL RESOURCES HUMAN CAPITAL
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Bell Ringer Why is scarcity a basic problem of economics? (page8) What are the THREE basic economic questions on how to allocate resources effectively, that a society must address? (page 9)
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Bell Ringer 2-6-2008 What are the three economic choices? Page 11.
Using Figure 1.2 on page 11 answer the following questions: “Based on the decision-making grid, what is his best choice for a Friday-night activity? What are the trade-offs? What is the opportunity cost?
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Bell Ringer 2-7-08 What are the three forms of exchange? Pages 15-16
What are the three functions of money? Page 16
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Bell Ringer What are the two parts of the circular flow model and explain those two parts. Pages 34-35
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Bell Ringer Why is scarcity a basic problem of economics? (page 8) What does the Production Possibility Curve represent? (page 12) What is interdependence and why might interdependence lead to increased economic efficiency? (page 18)
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Bell Ringer List and explain the three economic concepts that help explain the law of demand. Pages 52-54
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Bell Ringer What does it represent if the demand curve shifts to the left or if it shifts to the right? Page 56 What are the five determinants of demand? (page 57)
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Bell Ringer When looking a flour, if you take a wide-angle shot is flour elastic or inelastic and why? If you take a close-up shot is flour elastic or inelastic and why? Page65-66
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Bell Ringer What is the law of supply? (page 73) When do businesses make a profit? (page 74)
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Bell Ringer List the six determinants of supply. (page 79-80
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Bell Ringer What is a fixed cost, variable cost, total cost, and marginal cost? Pages 91-92
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Bell Ringer List the advantages and disadvantages of sole proprietorships. Pages 145 & 147
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Bell Ringer List the advantages and disadvantages of having a partnership. Pages 150 and 152
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BELL RINGER WHAT IS THE DIFFERENCE BETWEEN A SOLE PROPRIETORSHIP AND A PARTNER SHIP? WHAT IS COLLATERAL? Page 149 What is Liability? Page 147
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Bell Ringer What is the difference between a stock and a corporate bond? Page 155
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BELL RINGER 3-6-2008 What is a horizontal combination? Page 159
What is a vertical combination? Pages What is a conglomerate combination? Page 160
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What are the six factors that affect a worker’s job choice?
Bell Ringer What are the six factors that affect a worker’s job choice? Page169
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Bell Ringer 3-12-2008 How does the Federal Government affect labor?
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Bell Ringer What is the definition of a labor union? (page 177) What did the novel, The Jungle, by Upton Sinclair describe? (page 177)
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BELL RINGER List and explain the five labor contract issues. (pages )
Scarcity. Shortage Capital Physical capital Human capital.
Chapter 1 What is Economics?.
Unit II Microeconomic Concepts SSEMI1-SSEMI4. SSEMI1: Goods, Services, and Money The student will describe how households, businesses, and governments.
What Is Economics? CHAPTER 1 SECTION 1: An Economic Way of Thinking
Demand and Supply. Main idea: Demand includes only those people who are willing and able to buy.
Chapter 5 The Firm: Production and Cost. Copyright © 2005 Pearson Addison-Wesley. All rights reserved.5-2 Learning Objectives List the advantages and.
Week 2 Objectives Identify the three types of economic systems Summarize the goals that influence decisions about production and consumption of goods.
Economics Mid-Term Review Chapters 1 – 7. Concepts Paradox of Value Opportunity Cost Trade-offs Economic Interdependence Capital Goods Productivity.
The Choice is Yours Economics Unit 2 by Constance J. Wehner.
BUSINESS ORGANIZATIONS CHAPTER 3. MAIN IDEA: BUSINESSES MAY BE ORGANIZED AS INDIVIDUAL PROPRIETORSHIPS, PARTNERSHIPS, OR CORPORATIONS CHAPTER 3 SECTION.
Complete #1 on page 7. Number your definitions (18)
Part 5—Job Satisfaction
Week 2 Objectives Identify the three types of economic systems Summarize the goals that influence decisions about production and consumption of goods.
MID TERM “Jeopardy Dukes of Hazzard Challenge” BO LUKEUNCLE JESSIE ROSCOE CLETUS
Complete #1 on page 7. Number your definitions (18)
Types of Businesses Project By: Mihail Nakoff Niamh Radford Zoie Roberts Kianna Watson Hunter Hodges.
Bell Ringer Activity Which economic system does the United States have? (Command, Market, or Mixed) Why do you think that?
EOC REVIEW: Civics & Economics Business & Labor. EOC REVIEW: Civics & Economics What is a Sole Proprietorship Sole Proprietorship?
Unit 1 review. 1.Economics 2.Scarcity 3.Trade-off 4.Opportunity cost 5.Marginal cost 6.Factors of production 7.Gross Domestic Product (GDP) 8.Productivity.
31.1 Law for Business, 15e by Ashcroft Chapter 31: Introduction to Business Organizations Law for Business, 15e, by Ashcroft, © 2005 West Legal Studies.
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玻璃钢生产厂家六安玻璃钢雕塑报价塘沽区玻璃钢雕塑海鸥深圳室内商场美陈怎么样洛阳抽象玻璃钢雕塑价格玻璃钢人物雕塑销售玻璃钢动画雕塑新市玻璃钢花盆花器四川玻璃钢卡通形象雕塑珠海公园摆件玻璃钢人物雕塑浙江特色玻璃钢雕塑摆件专业的玻璃钢雕塑的设计制作江苏景观玻璃钢雕塑批发玻璃钢雕塑修补课程园林玻璃钢雕塑价钱如何西安户外玻璃钢雕塑多少钱自贡玻璃钢卡通雕塑江苏季节性商场美陈销售玻璃钢大型花篮雕塑制作方案通道商场美陈现价黄山玻璃钢雕塑工厂江苏大型主题商场美陈供应玻璃钢浮雕房地产雕塑广东树脂玻璃钢雕塑工艺广德玻璃钢雕塑厂家玻璃钢雕塑成都厂家怒江玻璃钢雕塑定做广东佛像玻璃钢雕塑定做价格玻璃钢花盆销售建邺商场美陈策划商场卡通玻璃钢雕塑厂家香港通过《维护国家安全条例》两大学生合买彩票中奖一人不认账让美丽中国“从细节出发”19岁小伙救下5人后溺亡 多方发声单亲妈妈陷入热恋 14岁儿子报警汪小菲曝离婚始末遭遇山火的松茸之乡雅江山火三名扑火人员牺牲系谣言何赛飞追着代拍打萧美琴窜访捷克 外交部回应卫健委通报少年有偿捐血浆16次猝死手机成瘾是影响睡眠质量重要因素高校汽车撞人致3死16伤 司机系学生315晚会后胖东来又人满为患了小米汽车超级工厂正式揭幕中国拥有亿元资产的家庭达13.3万户周杰伦一审败诉网易男孩8年未见母亲被告知被遗忘许家印被限制高消费饲养员用铁锨驱打大熊猫被辞退男子被猫抓伤后确诊“猫抓病”特朗普无法缴纳4.54亿美元罚金倪萍分享减重40斤方法联合利华开始重组张家界的山上“长”满了韩国人?张立群任西安交通大学校长杨倩无缘巴黎奥运“重生之我在北大当嫡校长”黑马情侣提车了专访95后高颜值猪保姆考生莫言也上北大硕士复试名单了网友洛杉矶偶遇贾玲专家建议不必谈骨泥色变沉迷短剧的人就像掉进了杀猪盘奥巴马现身唐宁街 黑色着装引猜测七年后宇文玥被薅头发捞上岸事业单位女子向同事水杯投不明物质凯特王妃现身!外出购物视频曝光河南驻马店通报西平中学跳楼事件王树国卸任西安交大校长 师生送别恒大被罚41.75亿到底怎么缴男子被流浪猫绊倒 投喂者赔24万房客欠租失踪 房东直发愁西双版纳热带植物园回应蜉蝣大爆发钱人豪晒法院裁定实锤抄袭外国人感慨凌晨的中国很安全胖东来员工每周单休无小长假白宫:哈马斯三号人物被杀测试车高速逃费 小米:已补缴老人退休金被冒领16年 金额超20万